The second time all my acquisition costs I got back at closing..It comes down to the deal and how your partnership is structured..Hope this helps

Your insurance costs look high for a house in that price range.

The properties I am looking at are more than affordable for my income and would still allow me to save between 30-40% of my monthly income. 

When leases go month to month with apartment buildings, they generally charge a ridiculous amount for it. 

I am seeking suggestions for lender(s) that would be willing to lend to our LLC with limited cure period requirement (6 months or less) using Income valuation approach with no / limited additional criteria.

AS well they are both stable and producing quite a bit of monthly income.

AS well they are both stable and producing quite a bit of monthly income.

Frankly, I am hoping for continued cooling but I don't think it will go down a ton but we will see in the next couple of months. 

One the tenant has been late every month on payment.

Hey Shalonda, When renting out a property for mid-term stays, typically defined as stays longer than 30 days but less than six months, the tax situation can be a bit complex.